Acadia Realty Trust (NYSE:AKR) Sets New 12-Month Low – Time to Sell?

Shares of Acadia Realty Trust (NYSE:AKR) reached a new 52-week low during trading on Wednesday. The stock traded as low as $18.30 and last traded at $18.4040, with a volume of 1190830 shares traded. The stock had previously closed at $18.41.

Analyst Upgrades and Downgrades

AKR has been the topic of a number of recent analyst reports. Weiss Ratings lowered shares of Acadia Realty Trust from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, October 2nd. KeyCorp restated an “overweight” rating on shares of Acadia Realty Trust in a research report on Wednesday, September 23rd. Wall Street Zen raised Acadia Realty Trust from a “sell” rating to a “hold” rating in a report on Saturday, October 3rd. Jefferies Financial Group upgraded Acadia Realty Trust to a “strong-buy” rating in a research report on Friday, June 26th. Finally, Truist Financial initiated coverage on Acadia Realty Trust in a report on Thursday, October 1st. They issued a “buy” rating and a $22.00 price target for the company. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, Acadia Realty Trust presently has a consensus rating of “Moderate Buy” and an average price target of $23.80.

Acadia Realty Trust Trading Up 0.6%

The firm has a market cap of $2.50 billion, a price-to-earnings ratio of 53.48, a PEG ratio of 1.85 and a beta of 1.11. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.13 and a current ratio of 1.13. The business has a fifty day moving average of $20.13 and a two-hundred day moving average of $20.89.

Acadia Realty Trust (NYSE:AKR) last issued its quarterly earnings data on Tuesday, July 28th. The real estate investment trust reported $0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.30 by ($0.25). The firm had revenue of $95.42 million for the quarter, compared to analyst estimates of $92.36 million. Acadia Realty Trust had a return on equity of 1.85% and a net margin of 12.14%.The business’s revenue for the quarter was down 5.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.32 earnings per share. Acadia Realty Trust has set its FY 2026 guidance at 1.240-1.260 EPS. As a group, equities analysts expect that Acadia Realty Trust will post 1.24 earnings per share for the current fiscal year.

Acadia Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Wednesday, September 30th will be given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 4.4%. The ex-dividend date is Wednesday, September 30th. Acadia Realty Trust’s dividend payout ratio (DPR) is currently 235.29%.

Institutional Investors Weigh In On Acadia Realty Trust

Hedge funds have recently modified their holdings of the company. Nykredit A S purchased a new position in shares of Acadia Realty Trust during the second quarter valued at approximately $47,000. Sequoia Financial Advisors LLC purchased a new position in shares of Acadia Realty Trust during the 2nd quarter worth $293,000. Greenland Capital Management LP purchased a new stake in shares of Acadia Realty Trust in the second quarter valued at $418,000. MQS Management LLC purchased a new position in Acadia Realty Trust during the first quarter worth about $518,000. Finally, Inspire Investing LLC lifted its position in Acadia Realty Trust by 14.8% during the first quarter. Inspire Investing LLC now owns 32,089 shares of the real estate investment trust’s stock worth $614,000 after buying an additional 4,125 shares during the period. 97.65% of the stock is owned by institutional investors and hedge funds.

Acadia Realty Trust Company Profile

Acadia Realty Trust (NYSE: AKR) is a self-managed and self-administered real estate investment trust focused on the ownership, operation, and development of retail properties in the United States. Its portfolio primarily includes grocery-anchored shopping centers, neighborhood and community retail centers, and high-quality urban retail properties.

The company’s retail properties are located in densely populated and high-barrier-to-entry markets, including the New York metropolitan area and other major U.S.